Accounting For Dummies, 4th Edition

  • 7h 20m
  • John A. Tracy
  • John Wiley & Sons (US)
  • 2008

Learn the basics of practical accounting easily and painlessly with Accounting For Dummies, 4th Edition, which features new information on accounting methods and standards to keep you up to date. With this guide, you can avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics with this plain-English guide to your accountant’s language. Understand how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line.

About the Author

John A. Tracy (Boulder, Colorado) is Professor of Accounting, Emeritus, at the University of Colorado in Boulder. Before his 35-year tenure at Boulder, he was on the business faculty for four years at the University of California in Berkeley. Early in his career he was a staff accountant with Ernst & Young. John is the author of several books on accounting and finance, including The Fast Forward MBA in Finance, How To Read a Financial Report, and Small Business Financial Management Kit For Dummies with his son Tage Tracy. John received his BSC degree from Creighton University. He earned his MBA and PhD degrees at the University of Wisconsin in Madison. He is a CPA (inactive) in Colorado.

In this Book

  • Accounting for Dummies, 4th Edition
  • Introduction
  • Accounting: The Language of Business, Investing, Finance, and Taxes
  • Financial Statements and Accounting Standards
  • Bookkeeping and Accounting Systems
  • Reporting Revenue, Expenses, and the Bottom Line
  • Reporting Assets, Liabilities, and Owners’ Equity
  • Reporting Cash Flows
  • Choosing Accounting Methods—Different Strokes for Different Folks
  • Deciding the Legal Structure for a Business
  • Analyzing and Managing Profit
  • Financial Planning, Budgeting, and Control
  • Cost Concepts and Conundrums
  • Getting a Financial Report Ready for Release
  • How Lenders and Investors Read a Financial Report
  • How Business Managers Use a Financial Report
  • Audits and Accounting Fraud
  • Ten Accounting Tips for Managers
  • Ten Tips for Reading a Financial Report
  • Appendix—Glossary—Slashing Through the Accounting Jargon Jungle